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Nov 10, 2012 6:30am PST
. and they feel that they have hopefully the potential for a bargaining partner in speaker boehner and the opportunity to reach a deal because both sides do want to avoid the fiscal cliff. at the same time, the president and democratic team recognizes and believes they have leverage now. in the worst case, while it would be going off part of the cliff, if the bush tax cuts expire, then all the tax rates go u and everybody will be forced into a position to renegotiate the tax rates. so while they're not saying that from the white house, that does give the president a position of extreme negotiating force and he can really make some serious demands. they don't want that, they are not saying that that's where they're headed, but we all know that that's what stands out there as the threat and it's a serious forcing mechanism that gives the president a lot of leverage in these deals if speaker boehner won't come his way. >> but all of that politics. you know what's so interesting? there's all these politics being played but companies and people need the certainty of how much is going to
Search Results 0 to 1 of about 2 (some duplicates have been removed)